(MENAFN– ecpulse)
Volatility dominated the Asian stocks today after a meeting of Japan`s central bank, who declined to add any fiscal policy due to the impact of applying sales tax rise, as markets turned its attention to the month of July to study the effect of prices on the market within three months.
On the other hand, the financial markets are neutral during today`s trading session waiting the outcome of the Feds meeting its vision for the U.S. economy and the level of economic recovery being witnessed currently.
Corporate earnings are still causing volatility for the Asian stocks which helped creating a state of instability in today’s trading.
- The MSCI Asia Pacific Index drop 0.1% to 137.31 at 2:29 in Hong Kong.
- Nikkei 225 ended 0.11% higher at 14304.11.
- Topix closed 0.30% higher at 2026.36.
- Shanghai Composite closed 0.12% higher at 2001.52.
- Australia’s S&P/ASX 200 0.05% higher at 5489.07.
- New Zealand’s NZX 50 closed 1.64% higher at 5232.68.
- Kospi closed 0.15% lower at 1961.79.
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